La Californie emprunte 40 millions de dollars par jour au gouvernement

Selon Zero Hedge, via un article du Los Angeles Times, la Californie emprunte 40 millions de dollars par jour au gouvernement fédéral, rien que pour payer les assurances chômage... Sachant que la Californie doit déjà 6,8 milliards au gouvernement et se trouve dans une situation d'insolvabilité totale, on voit mal comment elle pourrait rembourser cet argent. Banqueroute totale.

Zero Hedge suggère de mettre en place un nouvel "assouplissement quantitatif" (QE3) dédié aux dettes municipales. Aïe ! C'est bien la fin programmée de l'État Providence américain.

Fitting in perfectly with the previous article by Ron Paul suggesting the dissolution of the US welfare state, we now read that insolvent California is borrowing $40 million each day from the Federal government to pay for unemployment insurance. And while we won't comment on the ethics of all of America paying for one insolvent state's unemployment problems, what does need to be highlighted is that California, which already owes $8.6 billion to the government will have to cut a check for $362-million to Washington by the end of next September. As California, as pointed out earlier, is insolvent, it will never make this payment. Which means that we now have a timeline of when the Fed will start bailing out bankrupt states, and that QE3 will next focus monetizing on municipal debt.